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Questar Pipeline Company

Company Summary

Description

Acquired by Southwest Gas Holdings in 2021

Website

http://www.questarpipeline.com/

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Company Transactions

Date: 12/31/2021
Type: Acquisition

BUYERS:
  • Southwest Gas Holdings
    • SELLERS:
  • Dominion Energy Inc.
  • Questar Pipeline Company
    • DETAILS:

    COST: 1.975 $B

    NOTES:
    Dominion Energy officially signed an agreement with Southwest Gas Holdings to divest the Questar Pipelines unit for $1.975 billion, including $430 million in debt. Closing is targeted for 4Q21.
    REGIONS:
  • Rockies

    • Date: 12/1/2016
    Type: Acquisition

    BUYERS:
  • Dominion Midstream Partners, LP
    • SELLERS:
  • Dominion Resources, Inc.
  • Questar Pipeline Company
    • ASSETS:
  • Dominion Energy Questar Pipeline, LLC
    • DETAILS:

    COST: 1.725 $B

    NOTES:
    Dominion Midstream paid Dominion Resources $823 million in cash, issued $167 million in common units and $300 million in convertible preferred units as well as assuming Questar's $435 million in indebtedness.